TOKYO, Mar 19 (Pulse News Wire) – Nippon Pallet Pool CO.,LTD. (469A.T) announced today that its board of directors has approved the acquisition of Ascenders’ group pilates studio operation, comprising four brands across 11 stores.
The deal was initially agreed upon on December 25, 2025. The acquisition aims to enhance NIPPON PALLET POOL’s service offerings and expand its presence in the fitness sector. According to preliminary data, Ascenders reported sales of ¥120.8 million and ordinary profit of --¥34.5 million for the fiscal year ending September 2025, which covers five months due to a change in the accounting period. Key terms of the transaction include a purchase price of ¥325 million. The payment method involves a cash settlement. The assets being transferred consist primarily of buildings, equipment, tools, and lease-related deposits and guarantees.
Detailed asset valuations are still under review. Ascenders, headquartered at Tokyo, Shinagawa Ku Higashigotanda Yon Choume 7-27, 4th floor, operates various matching services in addition to pilates studios. Founded on June 09, 2016, the company's capital is ¥100 million. Specific details such as net assets, major shareholders, and their holding ratios remain undisclosed at the request of Ascenders. Scheduled milestones include signing the basic agreement on December 26, 2025, the board resolution, and the expected execution of the business transfer on April 1, 2026, with the actual implementation set for May 1, 2026. Regarding the impact on future performance, NIPPON PALLET POOL stated that the effects on the November 2026 fiscal year results are currently under assessment.
Any significant changes will be promptly disclosed.
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